80e
madan loshalu (8 Points)
20 June 2016
Is the deduction of interest of education loan deducted from total income like home loan or in the slab of 150000
CA Mithil Munot
(Proprietor Mithil P Munot & Co.)
(341 Points)
Replied 20 June 2016
It will be deducted from Gross Total Income. There is no higher limit for deduction you can claim the full amount under section 80E
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